Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The internal auditing department of Smart Eco Vet (Pty) Ltd, a company that manufactures and sells a wide variety of natural medicine for animals, animal

The internal auditing department of Smart Eco Vet (Pty) Ltd, a company that manufactures and sells a wide variety of natural medicine for animals, animal foods, pet products, general supplements, and hygiene products, has just started the planning phase of an operational audit in the marketing department. Given the highly competitive nature of the industry and the developments in online purchasing and social media marketing, the marketing department plays an important role in the growth and success of Smart Eco Vet (Pty) Ltd. The marketing department consists of the following subsections, each with its own manager:

the marketing research and application development section

the social media and email marketing section

the promotions and product release section

the retail marketing and online purchases section

the client services section

Interviews are being scheduled with the different sectional managers to obtain information on the functioning of each of these sections.

1.1 Prepare a list of the background information that should be obtained for the purpose of this audit and illustrate each item of information identified with an example.

1.2 Formulate ten (10) questions to put to the head of the marketing research and application development section to obtain information on the economic and efficient functioning of the section. For each question formulated, explain how the information obtained will be used to evaluate either economy or efficiency.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Study Guide

Authors: Jerry J. Weygandt ,Donald E. Kieso ,Paul D. Kimmel

4th Edition

0471205117, 978-0471205111

More Books

Students also viewed these Accounting questions

Question

Identify the elements that make up the employee reward package.

Answered: 1 week ago

Question

Understand the purpose, value and drawbacks of the interview.

Answered: 1 week ago